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Corporate week in brief: BHP calls time on US unconventionals
Lead stories: BHP calls time on foray into US unconventionals. Macro: Brent-WTI spread widens ahead of Tropical Storm Harvey; oil and gas shares ou...
Corporate week in brief: BP signs extension to the giant ACG project in Azerbaijan
Lead stories: BP signs extension to the giant ACG project in Azerbaijan. Macro: Brent breaks through US$55/bbl; Bahrain bond issue – what does it m...
Corporate week in brief: ExxonMobil de-books 5 billion barrels
Lead stories: ExxonMobil takes 4.8 billion boe proven reserve hit. Macro: OPEC progress on cuts fails to move Brent; warm weather having a brutal i...
Corporate week in brief: M&A goes into overdrive as Shell and ExxonMobil deal
Lead stories: Repsol upgrades Alaskan oil resources to 1.2 billion bbl following Horseshoe discovery; US$15 billion of M&A sees Shell, ExxonMobil, ...
Corporate week in brief: soft oil prices, stretched finances threaten renewed focus on growth
Can balance sheets support growth? growth continues to make a comeback in corporate results season. But with corporate balance sheets stretched, wh...
Cost inflation is here: the battle between margins and cost discipline intensifies
Global upstream cost inflation is intensifying. Coming into this year, we forecasted unit costs would rise 7-10%. We now forecast like-for-like cos...
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